Monday, March 31, 2008

Ansaldo STS expands into South Africa, Botswana

Brisbane - Medianet International-AsiaNet - The Board of Directors of Ansaldo STS (Signalling & Transportation Systems), a leader in the design, manufacture, installation, testing and commissioning of signalling, communications, automation and control equipment and systems for the railway and mass transit industries, has announced a major expansion into southern Africa.

The newly-established Ansaldo STS Southern Africa (Pty) Ltd and South African joint venture company Ansaldo STSInfraDEV South Africa (Pty) Ltd will enhance the global company's ability to deliver consistent value for money signalling and transportation solutions for the significant and growing railway, signalling and mass transit markets of southern Africa.

Managing Director of Ansaldo STS - Asia Pacific Region Lyle Jackson said the increasing number of project opportunities in the region had necessitated the establishment of the local companies.

"Ansaldo STS has been working with Botswana Railways (BR) to develop and commission a "safe working system" that minimises delays and reduces safety risks along its 886km rail line since August 2005.

"We have trained local engineers to operate and maintain the system and are in final negotiations with BR for an eight year maintenance agreement," Mr Jackson said.

"The establishment of local companies in Botswana and South Africa will ensure that we can respond fully to the increasing number of countries in this region that are seeking to improve the operating efficiencies and safety of their transport infrastructure.

"We have received strong interest from several rail organisations regarding the possible extension of the "safe working system", into neighbouring countries."

Commenting on the similarities between the Australian and Southern African freight markets, Mr Jackson said that Ansaldo STS Australia had extensive experience in delivering safe and reliable railway solutions to the heavy haul industry, particularly in the resources sector of coal and iron ore.

"Ansaldo STSInfraDEV South Africa (Pty) Ltd will be able to draw from this expertise and experience to assist South Africa's Transnet Freight Rail as it moves to address similar challenges across its 21,000km rail network," Mr Jackson said.

"We will also be seeking to support South Africas passenger service MetroRail with ongoing works and maintenance."

Ansaldo STS Southern Africa (Pty) Ltd is a wholly-owned subsidiary of Ansaldo STS Australia and is based in Gaborone, Botswana.

The principal office of joint venture company Ansaldo STS InfraDEV South Africa (Pty) Ltd is in Johannesburg.

ENDS: CONTACT:
Anne Richardson
+61-400-018-358
SOURCE: Ansaldo STS

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